What documents are required to move a payment account to the KYC2 status?

Moving a payment account to the KYC2 status requires the upload of KYC documents in the concerned payment account, as well as their verification by our KYC experts.

Standard documents to be provided depending on the type of payment account are listed below:

NATURAL PERSON/ALONE (ISCOMPANY=NO)• A valid proof of ID (ID card both sides, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A proof of address (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) less than 3 months old of the payment account holder• A bank statement (PDF or image format) including first & last name of the account holder as well as IBAN (only necessary for Money-Out transactions)

NATURAL PERSON/JOINT (ISCOMPANY=NO)• A valid proof of ID (ID card both sides, passport) per payment account co-holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A proof of address (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) less than 3 months old mentioning both co-holders/one proof of address per co-holder otherwise• A bank statement (PDF or image format) including first & last names of both account co-holders as well as IBAN (only necessary for Money-Out transactions)

UNLISTED COMPANY (ISCOMPANY=YES)• A valid proof of ID (ID card both sides, passport) of the legal representative of the company holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A valid proof of ID (ID card both sides, passport) for each ultimate beneficiary owner owning more than 25% of the company shares. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• The certificate of incorporation (less than 3 months) for the company holding the payment account• The memorandum or articles of association of the company holding the payment account• An official signed letter from the company legal representative with details of shares (if not in the memorandum)• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of the company holding the payment account

COMPANY LISTED IN A EU COUNTRY OR IN AN EQUIVALENT THIRD COUNTRY (ISCOMPANY=YES)• A valid proof of ID (ID card both sides, passport) of an authorized representative of the company holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required[If not listed in the certificate of incorporation of the company, the quality - authorized representative - of the natural person identified should be publicly verifiable (ex: LinkedIn)]• The certificate of incorporation (less than 3 months) for the company holding the payment account• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of the company holding the payment account

ASSOCIATION (ISCOMPANY=YES)• A valid proof of ID (ex: ID card, passport) of one of the legal representatives (president, treasurer, or general secretary) of the association holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A copy (less than 1 year) of the minutes of the latest general assembly of the association holding the payment account• A certified true copy by one of the legal representatives of the memorandum or articles of association of the association holding the payment account• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of the association holding the payment account

SELF-EMPLOYED (ISCOMPANY=YES)• A valid proof of ID (ex: ID card, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A proof of address (electricity, gas, water, internet, landline or mobile phone invoice/payment schedule, home property insurance document/rent receipt, housing certificate issued by the city hall, tax assessment no older than 1 year) less than 3 months old of the payment account holder• The latest certificate of incorporation of the payment account holder• A bank statement (PDF or image format) including first & last name as well as IBAN (only necessary for Money-Out transactions) of the payment account holder

ADMINISTRATION (ISCOMPANY=YES)• A valid proof of ID (ex: ID card, passport) of the natural person mandated by the administration holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• A power of attorney from the administration holding the payment account given to the natural person• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of administration holding the payment account

TRUST OR FOUNDATION (ISCOMPANY=YES)• A valid proof of ID (ex: ID card, passport) of the natural person representing the trust/foundation holding the payment account. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• An official document stating that the natural person identified is authorized to represent the trust/foundation and open a payment account on behalf of the trust/foundation• A certified copy (less than 3 months) of the certificate of incorporation of the trust/foundation• A bank statement (PDF or image format) including name as well as IBAN (only necessary for Money-Out transactions) of administration holding the payment account

ARTISAN (ISCOMPANY=YES)• A valid proof of ID (ex: ID card, passport) of the payment account holder. If the document has been issued outside the EU or EFTA or EEA, an additional proof of ID (resident permit, driving licence) is required• The certificate (less than 3 months) from the chamber of trade of the payment account holder• A bank statement (PDF or image format) including first & last name as well as IBAN (only necessary for Money-Out transactions) of the payment account holder